Selected Consolidated Financial Data

(In thousands)

At or for the years ended December 31,
	2011			2010			2009			2008			2007
Selected Results of Operations
Interest income	$	39,523		$	44,035		$	49,410		$	50,765		$	48,900
Interest expense		10,551			14,035			21,582			23,474			24,474
Net interest income		28,972			30,000			27,828			27,291			24,426
Provision for loan losses		6,800			7,250			8,000			4,500			1,550
Noninterest income		5,661			5,069			2,140			2,694			5,940
Noninterest expense		24,518			24,990			23,947			22,939			22,113
Provision (benefit) for income taxes		769			589			(898	)		616			1,978
Net income (loss)		2,546			2,240			(1,081	)		1,930			4,725
Preferred stock dividends and discount accretion		1,558			1,520			1,496			110			-
Income available (loss attributable) to common shareholders		988			720			(2,577	)		1,820			4,725
Per Share Data
Net income (loss) per common share - Basic	$	0.13		$	0.10		$	(0.36	)	$	0.26		$	0.65
Net income (loss) per common share - Diluted		0.13			0.10			(0.36	)		0.25			0.63
Book value per common share		7.24			7.08			6.91			6.99			6.70
Market value per common share		6.40			6.05			4.02			3.90			8.10
Cash dividends declared on common shares		-			-			-			0.10			0.19
Selected Balance Sheet Data
Assets	$	810,846		$	818,410		$	930,357		$	898,310		$	752,196
Loans		592,592			615,936			657,016			685,946			590,132
Allowance for loan losses		16,348			14,364			13,842			10,326			8,383
Securities		107,536			128,242			169,022			149,509			98,591
Deposits		643,971			654,788			758,239			707,117			601,268
Borrowed funds and subordinated debentures		90,465			90,465			100,465			120,465			100,465
Shareholders' equity		73,558			70,085			67,865			67,803			47,260
Common shares outstanding		7,459			7,211			7,144			7,119			7,063
Performance Ratios
Return (loss) on average assets		0.31	%		0.26	%		(0.12	)%		0.23	%		0.66	%
Return (loss) on average equity		1.90			1.43			(5.29	)		3.72			10.11
Efficiency ratio		71.42			71.43			75.49			71.90			71.48
Net interest spread		3.50			3.41			2.87			3.13			3.07
Net interest margin		3.76			3.67			3.22			3.51			3.62
Asset Quality Ratios
Allowance for loan losses to loans		2.76	%		2.33	%		2.11	%		1.51	%		1.42	%
Allowance for loan losses to nonperforming loans		71.80			66.31			54.29			64.06			153.49
Nonperforming loans to total loans		3.84			3.52			3.88			2.35			0.93
Nonperforming assets to total loans and OREO		4.33			3.88			4.10			2.45			0.94
Nonperforming assets to total assets		3.18			2.93			2.90			1.87			0.74
Net charge-offs to average loans		0.79			1.05			0.67			0.40			0.14
Capital Ratios – Company
Leverage ratio		10.44	%		9.97	%		8.83	%		9.54	%		8.25	%
Tier I risk-based capital ratio		14.33			13.04			11.75			12.02			9.81
Total risk-based capital ratio		15.60			14.30			13.01			13.27			11.06
Capital Ratios – Bank
Leverage ratio		9.01	%		8.48	%		7.38	%		7.88	%		7.06	%
Tier I risk-based capital ratio		12.36			11.10			9.82			9.93			8.39
Total risk-based capital ratio		15.05			13.69			12.30			12.41			11.00

All share amounts have been adjusted for the 5% stock distributions paid on June 27, 2008, and June 29, 2007.